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Michael Baumgardner

40 Years of Experience
Henderson, NV
Broker

Michael Baumgardner is a registered investment advisor at Ameriprise Financial Services, LLC, based in Henderson, NV, with 40 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 1,330,280 clients with $560B in assets under management.

Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
12781 advisors
Number of Clients
1,330,280 clients
Average Client Portfolio
$424K average
Assets Under Management
$564.6B

Fee Structure

Minimum Investment:$2K

Ameriprise Financial Services offers several managed account programs. The fees vary depending on the program selected. These fees include an asset-based fee, which covers investment advisory services and investment management fees. Some accounts may also have an Investments and Infrastructure Support Fee. Clients also pay investment costs, which are the underlying fees related to investment products purchased within the managed account. Additional fees and expenses may be incurred based on the nature of the investments.

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Location

2495 Village View Dr Ste 200, Henderson, NV, 89074

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Employment History
Current Registrations
Ameriprise Financial Services, LLCBroker
September 2023 - Present · 2 yrs 10 mos
Ameriprise Financial Services, LLC
September 2023 - Present · 2 yrs 10 mos
Previous Registrations
Edward Jones
October 2009 - October 2023 · 14 yrs
Edward JonesBroker
October 2009 - October 2023 · 14 yrs
Briarcliff Capital CORP.
May 2008 - October 2009 · 1 yr 5 mos
Briarcliff Capital CORP.Broker
March 2004 - October 2009 · 5 yrs 7 mos
Noble International Investments, INC.Broker
July 2003 - February 2004 · 7 mos
A. G. Edwards & Sons, INC.
July 1994 - July 2003 · 9 yrs
A. G. Edwards & Sons, INC.Broker
January 1991 - July 2003 · 12 yrs 6 mos
Merrill Lynch, Pierce, Fenner & Smith IncorporatedBroker
February 1986 - December 1990 · 4 yrs 10 mos
Prudential-Bache Securities INC.Broker
June 1985 - November 1985 · 5 mos
State Registrations24 states
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AdvisorBrokerBoth

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Exams
No exam information available for this advisor.
Michael Baumgardner - Financial Advisor | TrueAdvisor